If both the parties to a contract believe in the existence of a subject which in fact does not exist,…
Under Section 20 of the Contract Act, where both parties are mistaken about the existence of the subject-matter, there is no real consensus ad idem and the agreement is…
Choose your answer
If both the parties to a contract believe in the existence of a subject which in fact does not exist, the agreement would be
Answer and explanation
Correct answer B
Under Section 20 of the Contract Act, where both parties are mistaken about the existence of the subject-matter, there is no real consensus ad idem and the agreement is "Void", akin to the principle in Couturier v. Hastie.
Practice for these exams
-
All India Bar Examination (AIBE)
Subject revision
See pack details on LawMint.net -
UGC NET Law
Subject revision
See pack details on LawMint.net -
IIT Kharagpur LL.M. Entrance
Subject revision
See pack details on LawMint.net -
University of Delhi LL.M.
-
CLAT PG
Subject revision for a passage-based exam
-
CUET PG Law (LL.M.)
Subject revision
-
AILET PG
Subject revision
-
Supreme Court Law Clerk and Research Associate
Subject revision
-
Bihar Judicial Services
Subject revision
-
Uttarakhand Judicial Services
Subject revision